defiprime
@defiprime
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All things DeFi - trustless and transparent financial products built on top of the blockchain.
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16.6K subscribers
defiprime
https://www.theblock.co/post/365606/succinct-mainnet-prove-token
The Block
Succinct launches decentralized prover network on mainnet, activates native PROVE token
Succinct Prover Network is a decentralized ZK proof marketplace on Ethereum, with the PROVE token used for payments and network security.
1.49K views
defiprime
https://www.theblock.co/post/365732/base-network-sequencer-failure
The Block
Base network says sequencer handoff failure caused 33-minute mainnet outage
Base said in a postmortem that the network failed to respond to a sequencer delay that occurred due to onchain activity.
1.47K views
defiprime
https://www.theblock.co/post/364948/tornado-cash-creator-roman-storm-found-guilty-on-money-transmitting-charge-but-not-guilty-on-sanctions-charge-inner-city-press
The Block
Tornado Cash creator Roman Storm found guilty on money transmitting charge: Inner City Press
In 2023, Roman Storm was charged with conspiracy to commit money laundering and sanctions violations for operating Tornado Cash.
1.53K views
defiprime
https://www.theblock.co/post/366016/megaeth-based-crypto-derivatives-trading-app-euphoria-seed-funding
The Block
MegaETH-based crypto derivatives trading app Euphoria raises $7.5 million in seed funding from over 100 investors
Over 100 investors backed Euphoria’s funding round, including VCs like Karatage, Figment Capital, and Robot Ventures.
👍1
1.98K views
defiprime
https://www.theblock.co/post/365928/bob-raises-9-5-million-usd-strategic-funding-round-bitcoin-defi
The Block
BOB raises $9.5 million in latest strategic funding round to expand Bitcoin DeFi
Investors include Castle Island Ventures, Ledger Cathay Fund, RockawayX, Asymmetric, UTXO Management, Anchorage, and Amber Group.
2.1K views
defiprime
https://www.theblock.co/post/366246/layerzero-foundation-proposes-110-million-acquisition-of-stargate-bridge-as-token-struggles
The Block
LayerZero Foundation proposes $110 million acquisition of Stargate bridge as STG token struggles
Stargate is a popular bridge, but its token has collapsed around 95% from its all-time high value in the years since its launch.
1.54K views
defiprime
https://www.theblock.co/post/366257/uniswap-foundation-eyes-protocol-fee-switch-with-proposed-wyoming-duna-wrapper-for-its-dao
The Block
Uniswap Foundation eyes protocol fee switch with proposed Wyoming DUNA wrapper for its DAO
The proposal calls for $16.5 million worth of UNI to be transferred to the new legal entity to settle tax obligations with the IRS and fund legal cases.
1.37K views
defiprime
https://www.theblock.co/post/366540/circle-stablecoin-focused-evm-compatible-layer-1-blockchain-arc
The Block
Circle to launch Layer 1 blockchain Arc using USDC stablecoin as native gas token
Circle unveiled plans for its own stablecoin-focused Layer 1 blockchain, Arc, on Tuesday, expected to launch on public testnet this fall.
😱1
1.41K views
defiprime
https://www.circle.com/blog/introducing-arc-an-open-layer-1-blockchain-purpose-built-for-stablecoin-finance
Circle
Introducing Arc: An Open Layer-1 Blockchain Purpose-Built for Stablecoin Finance
Introducing Arc: an open Layer-1 blockchain purpose-built for stablecoin finance that delivers the performance and trust to meet enterprise-grade demands onchain.
🤨1
1.31K views
defiprime
https://www.theblock.co/post/366656/coinbase-stablecoin-liquidity-aave-morpho-kamino-jupiter-new-bootstrap-fund
The Block
Coinbase to boost stablecoin liquidity on Aave, Morpho, Kamino, and Jupiter via new Bootstrap Fund
Coinbase has relaunched its Stablecoin Bootstrap Fund after nearly six years to increase stablecoin liquidity in DeFi.
👍1
1.58K views
defiprime
https://decrypt.co/334915/a16z-defi-education-fund-want-sec-safe-harbor-for-dex-crypto-wallet-devs
Decrypt
a16z, DeFi Education Fund Want SEC Safe Harbor for DEX, Crypto Wallet Devs - Decrypt
Two powerful forces in the D.C. crypto policy scene are seeking broker-dealer exemptions for dapp developers.
1.55K views
defiprime
https://www.theblock.co/post/366704/bitcoin-launchpad-odin-fun-exploit
The Block
Bitcoin-based memecoin launchpad Odin.fun exploited for over $7 million
Its co-founder said the company's treasury isn't big enough to cover the losses and it is working on a 'concrete plan' for compensation.
1.19K views
defiprime
https://www.helius.dev/blog/bringing-slashing-to-solana
Helius
Bringing Slashing to Solana
Programmatic slashing is making its way to Solana. Discover what is being proposed and how it will impact the network.
1.18K views
defiprime
defiprime pinned Deleted message
defiprime
It looks like we are in a bull market again 👀

Here is quick guide on where to gamble perps this altseason:


🔹Hyperliquid

Top-tier perp exchange with $ETH, $BTC, every flavor of AI, DeFi, L1/L2, and meme tokens, with up to 50x leverage.

🔹 GMX

Perp exchange with isolated positions. $ETH, $BTC and most popular tokens available.

🔹 Extended Exchange, Lighter, Ostium

A few notable novel perps worth watching, along with some trading volume that could hint at a potential airdrop.
742 views
defiprime
defiprime pinned «It looks like we are in a bull market again 👀 Here is quick guide on where to gamble perps this altseason: 🔹Hyperliquid Top-tier perp exchange with $ETH, $BTC, every flavor of AI, DeFi, L1/L2, and meme tokens, with up to 50x leverage. 🔹 GMX Perp…»
defiprime
https://www.theblock.co/post/366890/gmx-44-million-compensation-plan
The Block
GMX finalizes $44 million plan to compensate GLP holders affected by recent hack
GMX said the $44 million distribution will be issued in GLV, also pledging a $500,000 incentive pool to users that keep their allocated GLV.
1.32K views
defiprime
https://www.theblock.co/post/366872/coinbase-loses-300000-mev-bots-0x?
The Block
Coinbase loses $300,000 to MEV bots following 0x swapper interaction: security researcher
Coinbase CSO Philip Martin said no customer funds have been affected, and that this is an isolated incident.
1.37K views
defiprime
https://www.theblock.co/post/366947/ethereum-validator-exit-queue-climbs
The Block
Ethereum validator exit queue climbs to over $3 billion in ETH amid increased stake withdrawals
Ethereum’s validator exit queue climbed to over 670,000 ETH with a 12-day wait, as staking entries fell and analysts pointed to leverage unwinds.
1.05K viewsedited  
defiprime
https://www.theblock.co/post/367130/solana-treasury-defi-development-corps-stockpile-grows-to-263-million-in-sol?utm_source=telegram1&utm_medium=social
The Block
Solana treasury DeFi Development Corp's stockpile grows to $263 million in SOL
The increase follows the Company’s acquisition of 110,000 SOL (roughly $22 million) at an average price of $201.68
733 views